Two thirds of humanity will live in cities by 2050 - How will a Circular Economy let us thrive?

[0:04]By 2050, two-thirds of this will live in cities. Already, cities are where we consume 75% of our natural resources, produce over 50% of global waste, and emit up to 80% of global greenhouse gases. These are consequences of our linear take-mate waste model. But cities are also places which concentrate on innovation, education, finance, culture, and where people exchange ideas. Pragmatic and acting quickly, they play a leading role in politics and the economy. They can lead the way to develop a circular economy. The circular economy can help cities to thrive and become more livable and resilient, helping to meet urban priorities around housing, transport, and economic development. The circular economy can also help cities meet the sustainable development goals and their climate targets. It starts with three principles. Design out waste and pollution. Avoid creating waste in the first place, for example, with products and parts created within cities where needed, using materials that can be reused, recycled, or composted. Making use of untapped space in buildings, transport, and using renewable energy to power the city, making them healthier and cleaner. Keep products in use. So products are no longer used just once. They're reused, repaired, and refurbished. And people gain access to the things they need, be it space, products, or transport in new ways. For example, through sharing rather than owning, and connecting people to their neighbors and communities. And cities are planned so that materials flow. Regenerate natural systems. So that valuable nutrients return to the soil, and air and water quality improves in the city and in the countryside beyond. Ready to get started? The Ellen MacArthur Foundation's suite of resources help you take the lead and create a city fit for today. The time to act is now.